Professional Services

Central Nth Island Asphalt $700K EBIDT & $2M Forward Work

Positioned to cash in on the governments planned infrastructure projects

Address Central North Island location available on application

Location Manawatu / Whanganui,Palmerston North

Sales Weekly sales available on application

Asking Price $5,750,000

Listing ID KA1805

This proven performer dominates the small to medium work with solid margin. With a strong team and assets in top condition, this business is growing & has the capacity for satisfying increased demand. With the potential to be run under management.
This business’s reputation in the Central North Island is first class, created by an experienced team of proven operators. Forward work is currently estimated at $2,000,000. Five years of financials, all showing solid growth in top line revenue & bottom line profit, will be provided to qualified buyers. An extended handover and support are on offer to create a seamless transition to the new owner.

Business Highlights
- EBITDA of $700,000+
- Experienced team in place
- High growth industry business
- Extended vendor handover on offer
- Five years of 'bank-friendly' accounts
- Top performing operations manager who is keen to stay on
- Business assets assessed $3,500,000
- Huge forward work $2,000,000+

If you're looking for a business with great profits, great team & massive forward work contact Mike Ponsonby on (021)450-049 or Keppel Brown on 021 248 7878.

Asking Price: $5,750,000
Listing ID: KA1805